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Author Topic: ★[ANN] [NAV] NAV COIN - Community Fund Live!!!  (Read 2085700 times)
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supercoins
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July 15, 2014, 09:38:44 PM
 #921

I like the idea and the name of this coin. Wish you all the best!
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Nutzfleisch
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July 15, 2014, 09:40:08 PM
 #922

I called it pages ago, I mean cmon, Navajo coin? thats just silly. Leave this coin be, cut your losses folks.

Which losses?  Cool
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July 15, 2014, 10:12:03 PM
 #923

@eastbay

I´m pretty sure it won´t help to write the same stuff over and over again.......

And it also startet to be a little bit boring.
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July 15, 2014, 10:29:55 PM
 #924

How does Bitcoin protect its self from double spend attacks?

It doesn't use PoS(thank god) so even if you have 99% of the coin supply, you cannot do a doublespend, only with 50% hashwpoer, and even if a doubespend attack was about to be done, it had mechanisms to stop it.

The wallet (and code) of the majority of the coins is derived from the bitcoin wallet, so even the coins should have the same controls and mechanisms, IMHO.

Regarding the difficulty of a 51% hashpower attack, i read something, this is an excerpt:

"As you are probably aware, Ghash is by far the largest Bitcoin multipool. Their portion of the network hashing power ranges from 35% to more than 50%, and Buterin believes there is a strong indication that Ghash controls another undisclosed segment of the mining power that would bring their total share of the network to more than 75%.

The problem with Ghash controlling this much of the network is that it facilitates the possibility of a 51% attack. When a person or group has control of 51% or more of the network, he or they have a strong probability of being able to manipulate the blockchain for nefarious purposes. A 51% attack can accomplish 3 things. It can reverse transactions, which would let an attacker spend coins and then erase the transaction from the blockchain so that he never loses the coins he spends. Attackers can also exclude anyone it wants from making Bitcoin transactions. Finally, a person can use a 51% attack to censor any transaction that it wants."

From: http://www.cryptocoinsnews.com/news/bitcoin-foundations-approach-threat-ghash-51-attack-recklessly-conservative-says-vitalik-buterin/2014/06/22


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July 15, 2014, 10:34:43 PM
 #925

Aside from FUD just pm me anyone with quite some hash power we are kind of testing before release.

~SoopY~

We are going toward to a mixed POS/POW model coin?
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July 15, 2014, 10:37:17 PM
 #926

Aside from FUD just pm me anyone with quite some hash power we are kind of testing before release.

~SoopY~

We are going toward to a mixed POS/POW model coin?

That's interesting, it could be a good idea.

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July 15, 2014, 10:41:12 PM
 #927

@Eastbay and all of You guys:
You are forgetting at least few points here:


1. The reason why beta tests haven't started yet is the double spend attack which happened yesterday. How do You imagine to start working on projects before taking care about the current main problem - double spend attack and problems connected to it? Use Your brain, there are important things and very important things.

2. If devs are scammers then why they are so honest with You, share all the informations about current problems and gives You update about these things which have to be done next (check soopy's yesterday's statement). I have a VERY SHORT explanation for You : becouse they are WORKING and didn't leave this coin. That's it.

3. All this wouldn't have happened yesterday if people would hold their coins in their wallets, not on exchanges. Face the freakin' truth here.

4. I heard some really fu#% up ideas that devs could be behind the double spend etc - WHAT?! Yeah, of course, they are soooo rich and have sooooo many coins from no-existing premine! Jesus!

To sum up: Stop crying like a damn kids here just becouse charts didn't go so freakin' high like You wanted, and You all didn't become rich in a week. Act like adults and wait at least a bit patiently for dev's updates and resolving all the problems. If You can't do even that - get back to kindergarden babies.

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July 15, 2014, 10:44:40 PM
 #928

@Eastbay and all of You guys:
You are forgetting at least few points here:


1. The reason why beta tests haven't started yet is the double spend attack which happened yesterday. How do You imagine to start working on projects before taking care about the current main problem - double spend attack and problems connected to it? Use Your brain, there are important things and very important things.

2. If devs are scammers then why they are so honest with You, share all the informations about current problems and gives You update about these things which have to be done next (check soopy's yesterday's statement). I have a VERY SHORT explanation for You : becouse they are WORKING and didn't leave this coin. That's it.

3. All this wouldn't have happened yesterday if people would hold their coins in their wallets, not on exchanges. Face the freakin' truth here.

4. I heard some really fu#% up ideas that devs could be behind the double spend etc - WHAT?! Yeah, of course, they are soooo rich and have sooooo many coins from no-existing premine! Jesus!

To sum up: Stop crying like a damn kids here just becouse charts didn't go so freakin' high like You wanted, and You all didn't become rich in a week. Act like adults and wait at least a bit patiently for dev's updates and resolving all the problems. If You can't do even that - get back to kindergarden babies.


Fucking well said man. Let's keep things professional.

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July 15, 2014, 11:03:20 PM
 #929

Aside from FUD just pm me anyone with quite some hash power we are kind of testing before release.

~SoopY~

We are going toward to a mixed POS/POW model coin?

That's interesting, it could be a good idea.

It is just a deduction based on the SoopY message.

But the hashpower maybe must be utilized for the subchain phase of anon process.
Or for a maxy reward block.
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July 15, 2014, 11:19:26 PM
 #930

I'm very sorry I have to come up with a question in double time and publish anonymous time very clever DEV until 14th night zero morning he did not publish anonymous at the last minute But at this time the double flowers I want to know that there are 24 hours a day The whole day doing DEV? Is waiting for the emergence of double flowers to conceal DEV do not publish anonymous truth? Huh Huh
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July 15, 2014, 11:34:28 PM
 #931

I'm very sorry I have to come up with a question in double time and publish anonymous time very clever DEV until 14th night zero morning he did not publish anonymous at the last minute But at this time the double flowers I want to know that there are 24 hours a day The whole day doing DEV? Is waiting for the emergence of double flowers to conceal DEV do not publish anonymous truth? Huh Huh

lolwut?
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July 15, 2014, 11:44:16 PM
 #932

I'm very sorry I have to come up with a question in double time and publish anonymous time very clever DEV until 14th night zero morning he did not publish anonymous at the last minute But at this time the double flowers I want to know that there are 24 hours a day The whole day doing DEV? Is waiting for the emergence of double flowers to conceal DEV do not publish anonymous truth? Huh Huh

lolwut?

the emergence of double flowers!!! Brilliant Stuff!!!!!!! lol

NEM : TAFTFJ-JJ4XTW-FNYZU7-HZR2Y2-RXIKEW-QIOWFJ-WM4N
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July 15, 2014, 11:46:46 PM
 #933

I'm very sorry I have to come up with a question in double time and publish anonymous time very clever DEV until 14th night zero morning he did not publish anonymous at the last minute But at this time the double flowers I want to know that there are 24 hours a day The whole day doing DEV? Is waiting for the emergence of double flowers to conceal DEV do not publish anonymous truth? Huh Huh

lolwut?

the emergence of double flowers!!! Brilliant Stuff!!!!!!! lol

Yes, Double Flowers are the new thing. Where's the new coin? Wink
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July 15, 2014, 11:50:47 PM
 #934

All I know is I seem to be getting lots of POS these days. Most of my coins are in my wallet and my weight seems really high. Like 12000. And getting lots of coins. Much more than before..Hmmm. Maybe a lot of coins in pools.
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July 15, 2014, 11:56:17 PM
 #935

All I know is I seem to be getting lots of POS these days. Most of my coins are in my wallet and my weight seems really high. Like 12000. And getting lots of coins. Much more than before..Hmmm. Maybe a lot of coins in pools.

probably also because nobody can send his coins to his wallets Smiley

 
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July 16, 2014, 12:19:43 AM
 #936

and again is  green on bittrex. Loads of us trust Soopy that he will sort out the issue asap (including me).

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July 16, 2014, 12:23:19 AM
 #937

Double flowers are a summer phenomenon...
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July 16, 2014, 12:36:14 AM
 #938

I won't claim to know anything about anything but, if the exchange wallets were required to stake, would this not mitigate/eliminate the feasibility of this kind of dbl spend attack?

If corp stock forums were half as crazy as this one, no one would have a job, anywhere, ever.

I want in on the double flower emergence beta. Do I just need to PM Soopy for this?

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July 16, 2014, 12:39:27 AM
 #939

Hi everyone,

Just a heads up from chunkypools, until this issue with bittrex is resolved there may be some delays with automatic withdrawals on the NAV pool (formerly SUM2).

Your hash and coins are safe.

All the best,

Chris Salsman

Director of Operations, Chunkypools.com

President - The WhiteCoin Foundation | contact: chris@whitecoin.info
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July 16, 2014, 12:59:02 AM
 #940

I won't claim to know anything about anything but, if the exchange wallets were required to stake, would this not mitigate/eliminate the feasibility of this kind of dbl spend attack?

Often the exchanges disable the staking feature of the their wallet, to avoid to remain with relevant sum
of coin locked during the process of stacking. So they says...


If corp stock forums were half as crazy as this one, no one would have a job, anywhere, ever.

I fully agree.


I want in on the double flower emergence beta. Do I just need to PM Soopy for this?

I think this can be the logo, from Canyon de Chelly.



NAV Handle with extreme Care

 Wink

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